{
Cormorant Asset Management LP

Companies

}
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Latigo Biotherapeutics raises 150 million dollars for non-opioid pain treatments

Latigo Biotherapeutics has secured USD 150 million in Series B funding, led by Blue Owl Capital, with significant participation from the Qatar Investment Authority (QIA) and other investors. The funding will accelerate the development of Latigo's selective Nav1.8 inhibitors for non-opioid pain treatment and expand its drug pipeline. CEO Nima Farzan emphasized the urgent need for innovative non-opioid pain solutions, highlighting the potential to transform the treatment landscape.
WAYA
United States Dollar Qatari Riyal Deep Track Capital LP Cormorant Asset Management LP Blue Owl Capital Inc. QAT Kevin Raidy Nima Farzan Show more
Healthcare & Medicine, Press Release
10:05 18.03.2025

axonis therapeutics secures 115 million to advance neurological drug development

Axonis Therapeutics has secured $115 million in a Series A financing round led by Cormorant Asset Management and venBio Partners to develop innovative treatments for neurological disorders. The funds will advance a drug targeting KCC2, aimed at treating epilepsy and pain, into human trials this year, while also supporting next-generation compounds for various psychiatric and neurodevelopmental conditions. The investment reflects a growing interest in precise neurological therapies, as evidenced by recent acquisitions in the biotech sector.
BioPharma Dive
Sofinnova Investments Inc. Cormorant Asset Management LP Axonis Therapeutics Karuna Therapeutics Inc. Johnson & Johnson Perceptive Advisors LLC Cerevel Therapeutics Holdings Inc. Rapport Therapeutics, Inc. venBio Partners Third Rock Ventures Arch Venture Partners Corey Goodman Joanna Stanicka Raymond Kelleher Jonathan Leff Show more
Healthcare, Market Report
17:18 30.10.2024
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